HARRY'S TOP FIVE REASONS WHY RENTALS STAY VACANT FOR A LONGER PERIOD OF TIME PHOENIX PROPERTY MANAGEMENT
I met up with an investor from California who wanted to hire me to manage his property. I spoke with him over the phone last week to learn more about his property and to set realistic expectations before signing up to be his property manager. He had very simple realistic expectations. All he wanted was a good tenant paying monthly rent and to get a return on his investment each month since he was retired.
Well, I finally met him in person this weekend to sign him up for property management at Properties R Us LLC. Many of you know what we only charge $60 per month per door for full property management service. Wow! How do you make money by charging so low? We do and we are happy to serve the real estate investor community.
His next question to me was "WHY DO YOU THINK MY RENTAL HAS STAYED VACANT FOR THE PAST FIVE MONTHS?
I told him that was an excellent question to ask a professional. So, I gave him Harry's TOP 5 REASONS WHY RENTALS STAY VACANT SEE BELOW
- Business is slow so Realtor goes into property management to generate extra cash
- Bad marketing and not having enough exposure
- Home itself is dirty and not presentable
- Realtor not processing and qualifying tenants. Then, availability to show the rental. Makes a big difference
- Owner asking too much for rent vs market rate
We have a bingo. The investor did tell me that the Realtor assisted in purchasing property had just started a property management company. Voila! just started a property management company overnight. He said I can see that was the problem. He did not have a team or processes in place to handle my rental. Plus, he was charging me $75 per month even when it was vacant.
Let's do the deal. I am expecting to have this rental filled in the next 30 days for this real estate investor. We are here to serve the real estate investor community. Properties R Us LLC is a full service property management company that only charges $60 per month per door. We get the job done hands down.